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Motley Fool Money

Motley Fool Money: 01.17.2014

Motley Fool Money

The Motley Fool

Business, Investing

4.43K Ratings

🗓️ 17 January 2014

⏱️ 39 minutes

🧾️ Download transcript

Summary

Best Buy tanks on weak holiday sales. Google spends $3.2 billion on smart-home tech company Nest. Plus, our take on Intel, UPS, Hershey. Veteran automotive writer Paul Lienert analyzes the news from Ford, GM and Tesla Motors at the North American International Auto Show in Detroit.

Transcript

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0:00.0

Everybody needs money. That's why they call it money.

0:08.0

From full global headquarters, this is Motley Fool Money.

0:19.0

It's the Motley Fool Money Radio Show. Thanks for being here.

0:21.0

I'm Chris Hill and joining me in studio this week from Motley Fool One, Jason Moser,

0:25.0

from Million Dollar Portfolio, Ron Gross, and back after a six-month hiatus in the Philippines

0:30.0

from Motley Fool Income Investor, James Early.

0:33.0

Ladies and gentlemen. Welcome back.

0:35.0

Thank you.

0:36.0

We have got the latest on consumer goods, banking, smart homes, and more.

0:41.0

We will go to Detroit to get the latest on the automotive industry.

0:44.0

And as always, we'll share a few stocks you can put on your watch list.

0:47.0

But we begin with retail. Best Buy was one of the best performing stocks of 2013.

0:53.0

But shares fell more than 30% this week.

0:56.0

After Best Buy said sales fell at the end of the year.

0:59.0

And Ron, CEO, Uber, Uber, Joe Lee, called to hold.

1:03.0

How you pronounce that?

1:04.0

Yeah, I go with the French.

1:06.0

He calls the holiday season, quote, intensely promotional.

1:11.0

Is that code for something horrible?

1:14.0

That's code for doing what you need to do to compete against Amazon.

1:18.0

And to stop what they call showrooming.

1:22.0

So they're doing what they need to do there.

...

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